Rex Tillerson, former chief executive officer of ExxonMobil, departs from state court in New York on Wednesday. (Jeenah Moon/Bloomberg)
By Dino Grandoni October 31 at 8:15 AM THE LIGHTBULB
An ex-chief executive of ExxonMobil, the largest oil and gas company in the country, took the stand Wednesday to defend his former firm against accusations of misleading investors about the threat climate change posed to its bottom line.
Rex Tillerson, who led Exxon for a decade before serving for a tumultuous year as President Trump’s first secretary of state, rejected the charges from the state of New York and testified that his former company took climate change seriously during his tenure.
“We knew it was a serious issue and we knew it was one that’s going to be with us now forever more,” he said in court on Wednesday. “It’s not something that was just suddenly going to disappear off of our concern list because it is going to be with us for certainly well beyond my lifetime.”
- Climate Damage Assessment: Assessing the Full Cost of 40 Years of Profits, Lies, and Deception from the Fossil-Fuel Industries
- Corporate WMD (Weapons of Mass Deception) and the Global Climate Crisis
- Tillerson Warns Democracy at Risk